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5534 Rainbow Heights Rd, Fallbrook, CA 92028
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5534 Rainbow Heights Rd Fallbrook, CA 92028

$1,089,000
  • 3 Beds
  • 1 Baths
  • 2,515 Sq.Ft.
For Sale
$1,089,000 Get Pre-Qualified
Map preview of 5534 Rainbow Heights Rd, Fallbrook, CA 92028

Property Overview: 5534 Rainbow Heights Rd Fallbrook, CA has 3 bedrooms, 1 bathrooms, 2,515 living square feet and 112,384 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to your dream home, a paradise that feels like a perpetual vacation! This enchanting compound is connected by charming pathways, bridges, and breezeways, all nestled amidst quaint gardens and romantic seating areas with lush, mature landscaping and pontoon lighting. Enjoy outstanding, unobstructed forever views that showcase stunning sunsets and even a glimpse of the ocean on a clear day. Experience tranquility and privacy, while being a mere 5-minutes from the 1-15 Freeway, and approximately 15-minutes to Old Town Temecula or Downtown Fallbrook. The 2-bedroom, 2-bathroom main house exudes rustic charm with beamed ceilings, wood flooring, and a brick wood-burning fireplace. Updated throughout with fresh paint, newly installed 4-inch baseboards, solid wood interior doors, and sliding barn doors. The roomy eat-in kitchen boasts vaulted ceilings, custom cabinetry, an oversized Cherry woodblock island, quartz countertops, and stainless-steel appliances. Six skylights throughout make the home bright and airy with views from nearly every window. Step out the Dutch door to a covered path leading to a separate office or studio, and just steps away is an updated laundry room. A beautiful fenced and hedged terraced garden with rock walls, tile inlays, raised garden beds, and a chicken coop separates the main house from a detached 815 SF, 1-bedroom, 1-bathroom casita with a full-sized kitchen and bathroom. Above the casita is a 250 SF bonus room offering endless possibilities for a man cave, game room, and more. Two garage spaces and a large storage room or workshop provide ample space for parking and equipment. Enjoy the breathtaking views from multiple vantage points throughout the property, including the multi-level Trex deck, courtyard, gazebo, and two expansive decks off the main house. Numerous updates include a newer roof, new electric panel, tankless water heaters, updated deck railing, and more! This life-sized magical woodland is situated on a private road atop 2.56 acres with fruit trees including macadamia nut, apple, plum, lime, lemon, orange, apricot, kumquat, avocado, pomegranate, and blackberries.

Listed by Rebecca Monge | BRE #01961244 | Professional Realty Services
Co-listed by Alysha Tanksley | BRE #01906333 | Professional Realty Services
Last checked: 14 minutes ago | Last updated: July 5th, 2024 | Source CRMLS | DOM: 4
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Home details

Lot Sq. Ft
112,384
HOA Dues
$0/mo
Year built
1978
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
NDP2405860
City
Fallbrook
County
San Diego
Time on Site
4 days

Open Houses for 5534 Rainbow Heights Rd

No upcoming open houses

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Property Details for 5534 Rainbow Heights Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • No Heating
Laundry Information
  • Has Laundry
  • Individual Room, See Remarks
Fireplace Information
  • Has Fireplace
  • Living Room, Wood Burning
Room Information
  • Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Cooktop, Refrigerator, Tankless Water Heater
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (3/4): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Fence
  • No Spa
  • No Sprinklers
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No
  • No Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Hills, Ocean, Panoramic, See Remarks, Valley
  • Common Walls: No Common Walls
  • Parcel Number: 1026306700
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
  • Assessments: None, Unknown
Schools
School Information
  • High School District: Fallbrook Union
Location / Neighborhood
Location Information
  • Directions: Turn East from Rice Canyon Rd onto Rainbow Heights Rd, turn left on Select Way and follow the right hand curve (stay on the paved road) until you get to the driveway on the right hand side. As you are driving up Rainbow Heights you will see a mailbox that says 5509 and thank you will see a bank of mailboxes and that is where you will turn left and go up.
Neighborhood Information
  • Community Features: Foothills, Rural, Hiking
View more facts & features

Local Fallbrook Agent

Sale History for 5534 Rainbow Heights Rd

Last sold for $850,000 on July 12th, 2021

  • July, 2024

  • Jul 3, 2024

    Date

    Active

    CRMLS: NDP2405860

    $1,089,000

    Price

  • June, 2021

  • Jun 11, 2021

    Date

    Pending

    CRMLS: NDP2106230

    $699,900

    Price

  • Jun 4, 2021

    Date

    Active

    CRMLS: NDP2106230

    $699,900

    Price

  • Jun 3, 2021

    Date

    Coming Soon

    CRMLS: NDP2106230

    $699,900

    Price

  • Listing provided courtesy of CRMLS

    This is likely one of the most charming homes you will ever see AND the views are INCREDIBLE! The main house has 2 bedrooms & 2 baths with many upgrades including a large updated farmhouse kitchen w/dutch doors, custom oak cabinets, oversized handmade cherry island & 9 ft open beamed ceilings w/skylights. There is a separate casita that has a bedroom, kitchen, dining area, living room, & bathroom. It also has a spacious upstairs multi-purpose room & a large enclosed storage room. The detached garage has a small office or artist studio attached along w/the laundry room & ample parking. Plenty of room for all of your toys & animals. There are multiple areas for enjoying the outside with breathtaking views including a multi level Trex deck! Fully fenced/hedged & terraced garden area, w/a separate enclosed potting area. Custom rock walls, stairs, & walkways. There are lemon, lime, apricot, kumquat, apple, & pomegranate trees. Roof replaced in 2020. A/C. A lot of other recent upgrades. Maximum privacy! No curtains needed! Very private yet not far from Old 395 or the 15. Lot is 2.58 acres with low maintenance. If you are looking for a peaceful, quiet setting, and love the outdoors with forever views, this is the home for you!

  • December, 2018

  • Dec 29, 2018

    Date

    Sold

    CRMLS: 130053080

    $400,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible views. Looking for something very special where you can be above the world and just sit back and enjoy life? Look no further... Home features wood floors, wood ceilings, Large country kitchen with center island and loads of country charm. An abundance of decks to enjoy the views. Detached garage with extra rooms plus large upstairs bonus room/office. Spa, room to add more bedrooms, mature landscaping, barn with work shop, r.v. parking space and room to enjoy life! Neighborhoods: Rainbow Heights Equipment: Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL,SSLP

  • December, 2018

  • Dec 28, 2018

    Date

    Sold

    CRMLS: 140062278

    $405,000

    Price

  • Listing provided courtesy of CRMLS

    Nestled in the Rainbow Heights Canyon w/ amazing views of the canyons & city lights, this home features 2 bedrooms, 2 baths in the main house w/ an extra room fully finished above the garage, large open kitchen w/ island & cozy breakfast area steeping down into a large family room w/ hardwood floors & brick fireplace for those cold nights w/ lots of windows bringing the outside in & views from all angles, large master bedroom w/ retreat & master full bath w/ sunk tub to enjoy those relaxing evening. Neighborhoods: Rainbow Heights Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: ,

  • April, 2015

  • Apr 20, 2015

    Date

    Sold (Public Records)

    Public Records

    $405,000

    Price

  • February, 2014

  • Feb 28, 2014

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

Show More

Tax History for 5534 Rainbow Heights Rd

Assessed Value (2020): $445,065
Year Land Value Improved Value Assessed Value
2020 $211,406 $233,659 $445,065

Home Value Compared to the Market

This property vs the competition

5534 Rainbow Heights Rd is listed 9.01% higher than the median list price for the city of Fallbrook which has a median list price of $999,000. The median price per/sqft for Fallbrook is $431 and this home is listed at $433 per/sqft which puts the price per square foot 0.46% higher than the median price per square foot for the city of Fallbrook.

About 5534 Rainbow Heights Rd

Detailed summary of property

5534 Rainbow Heights Rd is a single family home located in Fallbrook, CA 92028 and is currently for sale. This house offers 3 bedrooms, 1 bathrooms, roughly 2,515 living square feet, and sits on an approximately 112,384 square foot lot. 5534 Rainbow Heights Rd was first listed on ArdentRealEstateGroup.com on July 3, 2024. The homeowner is currently asking $1,089,000. The median priced home in Fallbrook is $999,000 with a median price per square foot of $431. Based on Ardent Real Estate Group's Fallbrook Market Data, this home is listed 9.01% higher than the median priced home. Local competing homes currently for sale include 1484 Matterhorn Dr, 1294 Muirfield Rd and 159 Costa Brava. While the average home in Fallbrook, CA is selling in 73 days, 5534 Rainbow Heights Rd has a days on market of 4 days. There are currently 210 homes for sale in the Fallbrook real estate market and 198 of them are single family homes while 10 of them are condos and 2 are townhomes. For more information on this home for sale at 5534 Rainbow Heights Rd Fallbrook, CA 92028 contact Ardent Real Estate Group and we will put you in touch with one of our Fallbrook agents.

Public Facts for 5534 Rainbow Heights Rd

Public county record property details
Beds
3
Baths
2
Year built
1958
Sq. Ft.
1,556
Lot Size
112,384
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
San Diego
Lot#
--
APN
102-630-67-00

The source for these homes facts are from public records.

92028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,000
Median List Price/Sq.Ft.
$431
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$420
Total Inventory
210
Median Sale to List Price %
100.1%
Avg Days on Market
18
Loan Type
Conventional (41.07%), FHA (8.93%), VA (12.5%), Cash (28.57%), Other (8.93%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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